Financial Management Specialist East London, South Africa

Financial Management Specialist East London, South Africa

Job OverviewThe purpose of this role is to maintain accurate and up-to-date financial data, ensuring compliance with internal policies and regulatory requirements as well as overseeing and providing guidance to junior staff members in the finance department.Minimum Qualifications:Matric/ Grade 12Bachelor's degree in finance, Accounting, Business Administration, or related fieldMinimum of 3-5 years' experience in finance, accounting, or data management rolesPrevious debtors / creditors management experience is beneficial with preferred exposure to the retail industryProficiency in financial software and systems, such as ERP systems (e.g., SAP, NetSuite, Oracle, Dynamic 365), Microsoft Excel,





and database management toolsResponsibilities:Data Management:Maintain accurate financial records, including accounts receivable, payable, and general ledger entriesEnsure timely and accurate processing of financial transactions, including invoices, payments, and journal entriesRegularly reconcile financial data to identify discrepancies and resolve issues promptlyDevelop and implement standardized processes for data entry, validation, and documentationMaster Data Maintenance:Update and maintain master data records, including vendor and customer information, pricing structures, and payment termsConduct regular audits of master data files to ensure completeness, accuracy, and consistencyCollaborate with stakeholders to address any discrepancies or issues related to master dataReporting and Analysis:Analyse financial data to identify trends, variances,





and opportunities for improvementProvide insights and recommendations to management based on financial analysis and performance metricsProcess Improvement:Identify areas for process improvement and efficiency gains in financial data managementImplement best practices and procedures to enhance data quality, accuracy, and reliabilityCollaborate with cross-functional teams to develop and implement system enhancements or automation initiativesCompliance and Risk Management:Ensure compliance with internal policies, accounting standards, and regulatory requirementsProactively identify and mitigate risks related to financial data integrity and accuracyStay informed about changes in regulations and industry standards impacting financial reporting and data managementStaff Management:Provide guidance and support to junior staff members in the finance departmentDelegate tasks effectively,





ensuring timely completion and adherence to quality standardsFacilitate training and development opportunities to enhance the skills and knowledge of staffKey Skills and Competencies:Good understanding of financial principles and accounting practicesExcellent analytical and problem-solving skills, with a keen attention to detailEffective communication and interpersonal skills, with the ability to collaborate across departments and levels of the organizationProven ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environmentProven ability to manage and motivate a teamExcellent organisational skills
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▶️ Financial Management Specialist East London, South Africa
🖊️ Abantu Staffing Solutions
📍 East London